Booz Allen Hamilton Holding Co. (BAH) Receives Consensus Recommendation of “Buy” from Brokerages

Shares of Booz Allen Hamilton Holding Co. (NYSE:BAH) have been assigned a consensus recommendation of “Buy” from the fifteen analysts that are presently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $41.83.

Several analysts have recently weighed in on BAH shares. Stifel Nicolaus reaffirmed a “buy” rating and set a $50.00 price target on shares of Booz Allen Hamilton in a research note on Tuesday, January 9th. Zacks Investment Research raised shares of Booz Allen Hamilton from a “hold” rating to a “buy” rating and set a $42.00 price target for the company in a research note on Wednesday, November 8th. Wells Fargo & Co lifted their price target on shares of Booz Allen Hamilton from $40.00 to $42.00 and gave the company an “outperform” rating in a research note on Wednesday, October 25th. SunTrust Banks started coverage on shares of Booz Allen Hamilton in a research note on Friday, December 1st. They set a “buy” rating and a $47.00 price target for the company. Finally, ValuEngine downgraded shares of Booz Allen Hamilton from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th.

In related news, CFO Lloyd Howell, Jr. sold 22,624 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $40.25, for a total value of $910,616.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Horacio Rozanski sold 35,870 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $40.03, for a total transaction of $1,435,876.10. The disclosure for this sale can be found here. Insiders sold 182,135 shares of company stock valued at $7,226,660 in the last three months. 3.04% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the stock. Advisor Group Inc. raised its stake in Booz Allen Hamilton by 13.1% in the second quarter. Advisor Group Inc. now owns 3,497 shares of the business services provider’s stock worth $113,000 after buying an additional 405 shares in the last quarter. Citadel Advisors LLC raised its stake in Booz Allen Hamilton by 120.4% in the third quarter. Citadel Advisors LLC now owns 2,877,330 shares of the business services provider’s stock worth $107,583,000 after buying an additional 1,571,542 shares in the last quarter. AXA bought a new position in Booz Allen Hamilton in the third quarter worth approximately $13,359,000. Russell Investments Group Ltd. raised its stake in Booz Allen Hamilton by 33.4% in the third quarter. Russell Investments Group Ltd. now owns 57,778 shares of the business services provider’s stock worth $2,160,000 after buying an additional 14,465 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Booz Allen Hamilton by 7.4% in the third quarter. Ameriprise Financial Inc. now owns 3,655,953 shares of the business services provider’s stock worth $136,676,000 after buying an additional 250,461 shares in the last quarter. 92.61% of the stock is owned by institutional investors.

Shares of Booz Allen Hamilton (NYSE BAH) traded down $0.15 during midday trading on Tuesday, reaching $37.25. 1,690,000 shares of the company’s stock traded hands, compared to its average volume of 947,579. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 3.14. The company has a market capitalization of $5,400.00, a P/E ratio of 19.40, a P/E/G ratio of 1.82 and a beta of 1.29. Booz Allen Hamilton has a twelve month low of $31.06 and a twelve month high of $40.25.

Booz Allen Hamilton (NYSE:BAH) last announced its quarterly earnings data on Monday, February 5th. The business services provider reported $0.48 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.05. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. Booz Allen Hamilton had a net margin of 4.68% and a return on equity of 50.81%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 earnings per share. research analysts predict that Booz Allen Hamilton will post 1.93 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th will be paid a $0.19 dividend. This is an increase from Booz Allen Hamilton’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.76 dividend on an annualized basis and a yield of 2.04%. Booz Allen Hamilton’s payout ratio is 35.42%.

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About Booz Allen Hamilton

Booz Allen Hamilton Holding Corporation is a holding company. The Company is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The Company’s client base includes government, commercial and international clients.

Analyst Recommendations for Booz Allen Hamilton (NYSE:BAH)

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